Abidfakirblog

  In this blog, we discuss some candlestick Pattern that every trader should know. We discuss both bullish and bearish pattern which helps investor to know whether market goes up or down. For Hindi pdf email us: A doji pattern: It represents an equilibrium between supply and demand, a tug of war that neither the bulls nor bears are winning.  In the case of an uptrend, the bulls have by definition won previous battles because prices have moved higher. Now, the outcome of the latest skirmish is in doubt. After a long downtrend, the opposite is true. The bears have been victorious in previous battles, forcing prices down. Now the bulls have found courage to buy, and the tide may be ready to turn. Doji candle  A “long-legged”doji This type of  doji is a far more dramatic candle. It says that prices moved far higher on the day, but then profit taking kicked in. Typically, a very large upper shadow is left. A close below the midpoint of the candle shows a lot of weakne...